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Wu Blockchain· 2025-10-31 19:19
According to Bloomberg, Coinbase is in late-stage talks to acquire stablecoin infrastructure startup BVNK in a deal valued at around $2 billion, pending due diligence and potentially closing by year-end or early next year. Stablecoins accounted for approximately 20% of Coinbase’s revenue in the third quarter. https://t.co/k73khtCYoO ...
X @Wu Blockchain
Wu Blockchain· 2025-10-31 14:33
Tether’s Q3 2025 attestation report confirms over $10 billion profit year-to-date and a record $135 billion exposure to U.S. Treasuries, making it the 17th largest holder globally. With a circulating USD₮ supply exceeding $174 billion and excess reserves of $6.8 billion, Tether is expanding into AI and renewable energy investments. https://t.co/P27VJ77c5D ...
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Wu Blockchain· 2025-10-31 13:52
WuBlockchain Weekly (Oct 27 – Oct 31): PBOC Governor Reinforces Stablecoin Crackdown, Hong Kong SFC Considers Crypto Investment Guidelines for Listed Firms, Fed Cuts Rates & Ends Balance Sheet Reduction, Trump to Nominate Fed Chair with Crypto-Friendly Candidates, Australia Expands Crypto Regulations and More https://t.co/sjRnZcToAl ...
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Wu Blockchain· 2025-10-31 12:35
Cambodia’s Prince Group leader Chen Zhi had over SGD 150 million in assets frozen in Singapore following accusations of running a global telecom fraud network on October 30. Authorities seized properties, bank accounts, cash, a yacht, and cars. The U.S. DOJ previously confiscated about $15 billion in Bitcoin linked to him and, with the UK, charged him as a key fraud figure. https://t.co/vjmHlHYp8O ...
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Wu Blockchain· 2025-10-31 12:27
Key Achievements - T3 Financial Crime Unit (T3 FCU) has frozen over $300 million in criminal crypto assets globally since 2024 [1] - T3 FCU is a collaboration between Tether, TRON, and TRM Labs [1] Operational Focus - The unit combats money laundering, fraud, and other crimes [1] - T3 FCU showcases effective public-private cooperation in blockchain security [1] Geographic Scope - T3 FCU is working with law enforcement across multiple countries [1]
X @Wu Blockchain
Wu Blockchain· 2025-10-31 11:29
Global regulators are reviewing banking rules on crypto holdings, especially stablecoins, due to take effect next year. The original Basel standards from 2022 imposed heavy capital requirements, causing many banks to avoid crypto. The review aims to update these rules in response to the rapid growth of stablecoins and pushback led by the US. https://t.co/Vd6PqYCsgn ...
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Wu Blockchain· 2025-10-31 11:14
Conexus, a Venezuelan payments firm handling about 40% of the country’s electronic transfers, it is developing a banking‑system integration of Bitcoin and stablecoins (such as Tether USDT).  The planned service will allow banks to offer custody, transfers, and fiat exchange for crypto assets. The launch is targeted for December 2025. https://t.co/3DxShhY7Bj ...
X @Wu Blockchain
Wu Blockchain· 2025-10-31 09:31
Hyperliquid founder: If Satoshi had taken venture capital back then, I would say it would not have been Bitcoin.Hyperliquid founder Jeff tackles one of crypto's most sensitive issues: how VCs amass massive token positions on public markets. He says this shakes the principle of protocol neutrality. The issue isn't who holds tokens, but the purity of a project's origins. Even amid competition, teams should honor Satoshi's ideal: neutral protocols with no "tainted genesis."Source:https://t.co/mZNLEbzCGT ...
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Wu Blockchain· 2025-10-31 08:05
Binance Alpha and Binance Futures will support the token swap, redenomination, and rebranding of ai16z (AI16Z) to elizaOS (ELIZAOS). Starting from 10:00 UTC on November 6, 2025, Binance Alpha 2.0 will temporarily suspend AI16Z trading to facilitate the swap. All AI16Z tokens will be automatically converted to ELIZAOS at a 1:6 ratio. AI16Z was one of the largest ecosystems in the AI Agents sector last year.https://t.co/dlYKgIpr8y ...
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Wu Blockchain· 2025-10-31 05:20
ZachXBT criticized SBF, saying FTX creditors were repaid based on November 2022 prices rather than current values, causing major losses for holders of assets like SOL and BTC.https://t.co/M5ptLxrv9eZachXBT (@zachxbt):@SBF_FTX [ZachXBT says:]The creditors were paid from crypto prices at the time of the FTX Nov 2022 bankruptcy and not at current prices which caused users to take massive losses if they held assets like SOL or BTC.Illiquid investments worth more today are just a coincidence.You ...